Alexander De Croo, the Prime Minister of Belgium, said in an interview last week that there is a great concern of civil unrest breaking out across Europe due to the dramatic surge in energy prices and their impact on the average European.
Tag: oct 11 2022
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GERMANY ON HIGH ALERT: NORD STREAM PIPELINE AND NOW RAILWAY SABOTAGE?
German rail lines were targeted by saboteurs who severed cables that are essential for the country's rail network system, raising new concerns about more incidents across Germany.
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U.S. AIMS TO FLOOD TAIWAN WITH WEAPONS TO TURN ISLAND INTO A ‘PORCUPINE’ IF CHINA INVADES
The U.S. wants to arm Taiwan with so much weaponry that the tiny island off the coast of mainland China would be able to stand up to an invasion.
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AS WE FORECAST: UKRAINE WAR WILL ONLY GET WORSE UNLESS THERE IS A PEACEFUL RESOLUTION
Two days after the Ukrainians launched explosions on Russia’s strategic Crimean Bridge, Ukrainians in some cities woke up to a new reality on Monday and now find themselves targeted by Russian missiles.
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WHITE HOUSE GAVE PUBLIC GREEN LIGHT TO UKRAINE TO BOMB CRIMEA BRIDGE, DID BRITAIN PLOT ATTACK?
The White House signaled publicly to Ukraine that targets in Crimea are fair game just before the bombing of the Kerch Bridge, which connects mainland Russia with the peninsula and used as an important supply route for Russian troops.
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
Dragflation: Economic growth declining and inflation rising... plus the pressure of interest rate hikes that are drying up the cheap money pool are causing companies in many sectors to lay off employees. Job cuts in September came in at 29,989, up 46.4 percent from a month earlier. Job cuts have jumped 66 percent year on year in September according to the Challenger report.
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AUGUST JOB OPENINGS A MILLION LESS THAN IN JULY
In August, the number of open jobs fell to just under 10.1 million, about 1.1 million fewer than in July but still leaving 1.7 jobs available per unemployed worker, CNBC noted.
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JOB MARKET LOSES MOMENTUM BUT REMAINS STRONG
The U.S. economy sprouted 263,000 new jobs in September, the U.S. labor department reported.
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U.S. MARKETS MAY BREAK POST-MIDTERM STREAK, ANALYSTS SAY
After each of the last 40 midterm elections, the Standard & Poor’s 500 has gained an average of 15 percent in the following 12 months on a sense of clarity about short-term tax, fiscal, and economic policy, The Wall Street Journal reported.
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“RATE SHOCK” WEARS ON MARKETS
Around the world, central banks are raising interest rates at the fastest clip in at least 40 years, stressing some markets to the point of cracking, according to The Wall Street Journal.Corporate bonded debt is showing signs of distress, the WSJ noted, and which we reported in “OECD Warns About Corporate Debt” (25 Feb 2020),......